Major XRP holders have increased their positions significantly in recent months, amassing billions of tokens since the sharp market downturn that began around October 10.
Conclusion
- According to Santiment, major XRP holders have amassed 4.18 billion tokens since the October 10 market crash.
- Wallets holding 10M–100M XRP now control about 10.87B tokens, indicating a steady accumulation of the whale.
- XRP is currently consolidating near $1.40, with key support at $1.35 and resistance around $1.50-$1.60.
The broader crypto market experienced a significant correction during this period, with several major assets pulling back after a strong rally earlier in the year. Ripple token (XRP) was among the affected tokens, slipping above the $2.30 zone and entering a long downtrend that lasted until early 2026.
However, the sell-off appears to have created an opportunity for large investors to accumulate.
Data from Santiment shows that wallets holding between 10 million and 100 million XRP have steadily increased their balances since the October crash. These addresses have collectively added around 4.18 billion XRP during this period, bringing their combined holdings to around 10.87 billion XRP.
Meanwhile, the largest group of sharks, wallets that hold between 100 million and 1 billion XRP, also hold high assets, with balances recently rising to 8.74 billion XRP.
The steady increase in these wallet balances suggests that major investors are quietly accumulating rather than exiting positions when the market rebounds, a pattern that historically precedes stronger market moves after broader sentiment improves.
XRP price analysis
At press time, XRP is trading near $1.40, stabilizing after several weeks of sideways price action following a previous decline from the $2.20 region.
The daily chart shows that XRP is forming a consolidation range from around $1.35 to $1.50, indicating a potential base-building phase as volatility tightens.
The momentum indicators remain neutral. The relative strength index (RSI) is around 45, which indicates that the asset is neither oversold nor overbought. This usually reflects a market expecting a stronger catalyst.
Meanwhile, the Chaikin Money Flow (CMF) indicator is slightly negative near -0.11, indicating moderate capital outflows despite the continued bullish rally.
Key technical levels to watch include support around $1.35, which has been held several times in recent weeks. A break from this level could open the door to $1.20.
To the left, resistance is near $1.50 and a stronger barrier is around $1.60. Decisive collisions over the area could signal new momentum if the whales continue to gather.
